High income - Tariff rate

Tariff rate, applied, simple mean, all products (%)

Tariff rate, applied, simple mean, all products (%) in High income was 3.85 as of 2017. Its highest value over the past 29 years was 10.30 in 1991, while its lowest value was 3.85 in 2017.

Definition: Simple mean applied tariff is the unweighted average of effectively applied rates for all products subject to tariffs calculated for all traded goods. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. When the effectively applied rate is unavailable, the most favored nation rate is used instead. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of simple mean tariffs.

Source: World Bank staff estimates using the World Integrated Trade Solution system, based on data from United Nations Conference on Trade and Development's Trade Analysis and Information System (TRAINS) database and the World Trade Organization’s (WTO) Integrate

See also:

Year Value
1988 5.27
1989 6.62
1990 8.37
1991 10.30
1992 8.92
1993 7.42
1994 8.87
1995 7.20
1996 6.75
1997 6.26
1998 6.03
1999 6.67
2000 6.47
2001 6.44
2002 5.69
2003 5.24
2004 5.08
2005 4.68
2006 4.85
2007 4.58
2008 4.39
2009 4.42
2010 4.81
2011 4.85
2012 4.45
2013 4.51
2014 4.02
2015 4.10
2016 4.53
2017 3.85

Tariff rate, most favored nation, simple mean, all products (%)

Tariff rate, most favored nation, simple mean, all products (%) in High income was 6.85 as of 2017. Its highest value over the past 29 years was 12.20 in 1991, while its lowest value was 6.36 in 2009.

Definition: Simple mean most favored nation tariff rate is the unweighted average of most favored nation rates for all products subject to tariffs calculated for all traded goods. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups.

Source: World Bank staff estimates using the World Integrated Trade Solution system, based on data from United Nations Conference on Trade and Development's Trade Analysis and Information System (TRAINS) database and the World Trade Organization’s (WTO) Integrate

See also:

Year Value
1988 6.91
1989 7.73
1990 10.39
1991 12.20
1992 9.30
1993 8.80
1994 9.41
1995 8.14
1996 8.62
1997 7.67
1998 7.71
1999 9.31
2000 8.48
2001 8.53
2002 7.57
2003 6.68
2004 6.59
2005 6.61
2006 7.05
2007 6.77
2008 6.45
2009 6.36
2010 7.54
2011 7.45
2012 6.71
2013 7.61
2014 7.22
2015 7.14
2016 7.56
2017 6.85

Tariff rate, applied, weighted mean, all products (%)

Tariff rate, applied, weighted mean, all products (%) in High income was 2.02 as of 2017. Its highest value over the past 29 years was 5.47 in 1990, while its lowest value was 2.02 in 2017.

Definition: Weighted mean applied tariff is the average of effectively applied rates weighted by the product import shares corresponding to each partner country. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups and import weights. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of weighted mean tariffs. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. When the effectively applied rate is unavailable, the most favored nation rate is used instead.

Source: World Bank staff estimates using the World Integrated Trade Solution system, based on data from United Nations Conference on Trade and Development's Trade Analysis and Information System (TRAINS) database and the World Trade Organization’s (WTO) Integrate

See also:

Year Value
1988 3.41
1989 5.00
1990 5.47
1991 5.02
1992 5.29
1993 4.61
1994 5.10
1995 4.79
1996 4.67
1997 3.74
1998 3.66
1999 3.04
2000 3.02
2001 3.23
2002 3.14
2003 2.99
2004 2.58
2005 2.40
2006 2.30
2007 2.26
2008 2.31
2009 2.39
2010 2.18
2011 2.30
2012 2.18
2013 2.19
2014 2.07
2015 2.13
2016 2.21
2017 2.02

Tariff rate, most favored nation, weighted mean, all products (%)

Tariff rate, most favored nation, weighted mean, all products (%) in High income was 3.39 as of 2017. Its highest value over the past 29 years was 6.48 in 1990, while its lowest value was 2.99 in 2012.

Definition: Weighted mean most favored nations tariff is the average of most favored nation rates weighted by the product import shares corresponding to each partner country. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups and import weights. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database.

Source: World Bank staff estimates using the World Integrated Trade Solution system, based on data from United Nations Conference on Trade and Development's Trade Analysis and Information System (TRAINS) database and the World Trade Organization’s (WTO) Integrate

See also:

Year Value
1988 4.33
1989 5.63
1990 6.48
1991 5.84
1992 5.97
1993 6.17
1994 6.10
1995 5.59
1996 5.60
1997 4.71
1998 4.42
1999 4.31
2000 4.05
2001 4.27
2002 4.07
2003 4.13
2004 3.48
2005 3.30
2006 3.19
2007 3.06
2008 3.20
2009 3.22
2010 3.04
2011 3.14
2012 2.99
2013 3.01
2014 3.02
2015 3.18
2016 3.09
2017 3.39

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs